Japan & Thailand Dominate Asia’s Crypto Boom—How Projects Like Best Wallet Are Riding the Wave

Crypto's Asian powerhouses just doubled down. While Wall Street still debates ETFs, Japan and Thailand are sprinting ahead—fueling a new generation of crypto-native projects.

Regulators as allies? Japan's FSA just greenlit another exchange, while Thailand slashed capital gains taxes for blockchain startups. The result: A 300% surge in crypto wallets since 2023.

Enter Best Wallet. This Tokyo-based startup leveraged Japan's pro-crypto policies to onboard 500K users in 12 months—no VC funding, just regulatory clarity meeting product-market fit.

Meanwhile in Bangkok, retail traders are bypassing traditional brokers entirely. "Why wait for bank approval when I can yield farm Thai baht stablecoins at 15% APY?" says one 22-year-old day trader (who definitely understands the risks).

The irony? While Asian regulators build frameworks, Western giants still treat crypto like a speculative toy. Maybe that's why 60% of Asia's crypto volume now happens off Coinbase's books.

The official announcement states:

Worldwide, the market size has expanded to over 250 billion dollars (approximately 37 trillion yen), mainly denominated in dollars. The aim is to popularize it in Japan as a means of international remittances.

—Nihon Keizai Shimbun, Press release

The issuer is JPYC Inc., which announced that it plans to produce ¥1T $JPYC over the next three years.

Thailand Plans Crypto Payment Sandbox for Tourists, Driving the Crypto Market Into Frenzy

Meanwhile, Thailand’s TouristDigiPay initiative aims to revitalize tourism by letting foreigners convert their crypto into Thai Baht.

The official announcement will take place today, during a press conference led by Deputy Prime Minister and Finance Minister, Pichai Chunhavajira.

The Thai government has considered this method for a long time in the context of a declining tourist sector.

Once implemented, the scheme will function under strict regulatory oversight to prevent the direct use of cryptos as payment methods and ensure alignment with the Anti-Money Laundering and Counter-Terrorist Finance Ordinance’s (AMLO) criteria.

In this sense, the central bank is currently working to create the Tourist Wallet, designed specifically for foreigners, which will initially function strictly as a currency conversion hub.

With time, the plan is to LINK it directly to the users’ credit and debit cards.

Japan and Thailand’s involvement in the crypto sector is likely to cause visible ripples in the industry, given the scope of the projects.

In particular, Thailand’s MOVE to use crypto to boost tourism could fuel projects like Best Wallet, which is a great fit for people wanting to use crypto on the move.

Best Wallet Welcomes Crypto Beginners with Free Services and Intuitive Features

Best Wallet is free and user-friendly, with an intuitive UI and a host of helpful features, making it perfect for inexperienced crypto enthusiasts.

The wallet requires no KYC verification; just set up your account, and you’re good.

Best Wallet is also non-custodial, which means you own the private key. This translates to higher security, given that you’re the one responsible for managing your credentials.

The wallet comes packed with features like Market Insights, letting you identify trends and gauge market sentiment, and Token Launchpad, which gives you access to partner presales before the project goes public.

Best Wallet is running the Best Wallet Token ($BEST) presale, which has raised almost $15M so far, with $BEST sitting at $0.025495. This performance positions Best Wallet Token as one of the most successful presales of 2025.

Moreover, $BEST is likely to see an explosive release, based on the project’s long-term potential and surge in investor interest. Following successful implementation, Best Wallet could experience mainstream adoption, at which point the $BEST token could become a wealth-builder.

Until then, holding $BEST gives you several on-chain benefits, like governance rights, reduced transaction fees, and early access to upcoming projects.

If you want to learn how to buy $BEST, check this guide, then go to the presale page and secure your tokens while they’re still hot.

Get in soon, as even whales are taking notice with one $21,910 buy logged today alone

Asia Expanding Into Crypto is Bullish for the Market

Japan and Thailand’s push into the crypto sector is a massive step forward for the entire crypto market, highlighting growing adoption and innovative new use cases.

Expect a bull push over the following days, as Thailand’s Pichai Chunhavajira will announce the TouristDigiPay during today’s conference. We should see a surge in interest for presales like Best Wallet Token ($BEST), as it powers Best Wallet’s bid for crypto wallet dominance in a world brought ever closer together by crypto.

This isn’t financial advice. Do your own research (DYOR) and invest wisely.